What happened to Nxt millionaires?

[Moneroman88]

Bitcointalk has never again seen real overnight millionaires as it has with Nxt. They were at the right place at the right time.

Frankly, a lot of money in hands that aren't used to savings is a dangerous affair.

How many of the Nxt millionaires still have money left?

[KLONE]

@bluemeanie, you were a NXT millionaire after you stole the 1M from jl777 and the other investors in NXTautoDAC.

What happened to you? Tell us your narrative ...

[Come-from-Beyond]

@bluemeanie, you were a NXT millionaire after you stole the 1M from jl777 and the other investors in NXTautoDAC.

What happened to you? Tell us your narrative ...

I got a proof that he is 99% not BlueMeanie.

[KLONE]

I got a proof that he is 99% not BlueMeanie.

Sharing is caring ..... looked like a classic sockpuppet malfunction exposed the truth

Candence,

   there is no reversing this now. My lawyer has been notified and any further harrasment will be held against you. I have backups of all the previous posts. There is no point in deleting any of those.

why does Spectrum Health promote the NXT Cryptocurrency Scheme?

Joshua Zeidner

Bluemeanie's sockpuppet   

[Moneroman88]

   KLONE, I've never seen you before. Who are you?

   Come-from-Beyond tells the truth. I am not operating the bluemeanie social media account(s).

[KLONE]

   Come-from-Beyond tells the truth. I am not operating the bluemeanie social media account.

You're either bluemeanie, or a bluemeanie impersonator, or you bought the Moneroman88 acount after Oct 2014

UtopianFuture (TaunSew) found  out the user of your account from that time

[Moneroman88]

  Come-from-Beyond tells the truth. I am not operating the bluemeanie social media account.

You're either bluemeanie, or a bluemeanie impersonator, or you bought the Moneroman88 acount after Oct 2014

UtopianFuture (TaunSew) found  out the user of your account from that time

TaunSew is a nut.

I've never been and will never be Joshua Zeidner. Joshua Zeidner is a nut. Moneroman88 is Moneroman88, account has never been sold, never had its password changed.

Let's stay on topic here.

[KLONE]

Explain your post below then

Candence,

   there is no reversing this now. My lawyer has been notified and any further harrasment will be held against you. I have backups of all the previous posts. There is no point in deleting any of those.

why does Spectrum Health promote the NXT Cryptocurrency Scheme?

Joshua Zeidner

Bluemeanie's sockpuppet   

[enet]

That's all the Nxt people talk about after the failure of the project (some weird guy who nobody cares about), because facing reality is to hard.
The interesting thing here is that Nxt had a massive upswing, and the deflation was way too rapid. Never mind the code quality and general trust issues, but this can break a project. It would be interesting to consider a system which can be more adaptive to price movements. In non-algorithmic distributions this is possible, but for Cryptocurrencies it is close to impossible to estimate the future value.

On Nxt itself. Pure PoS is actually not a bad idea. The simplicity of the system is a major advantage. But Nxt was centralised in development and has a lot of garbage in the codebase (from the beginning). Crypto-assets the way their were done on-chain don't work. The Nxt assets were mostly or all fake (one would need trust guarantees of some kind to make this work).
 
I don't know of people who cashed out. I know various Eth holders who are millionaires, but contribution to the project are not necessarily correlated with financial success. Actually having developers/founders getting some early equity is not that bad a model, rather than investors only who buy the currency in the early stages.

[enet]

PPC to compare

[enet]

Bitcointalk has never again seen real overnight millionaires as it has with Nxt. They were at the right place at the right time.

Frankly, a lot of money in hands that aren't used to savings is a dangerous affair.

How many of the Nxt millionaires still have money left?

I have seen several similar to situations. Its not necessarily known to the people at the time that will get rich, in part by randomness. Say you were a Nxt investor and put in 100$. Now you have 100'000$ and sell. Then the amount goes to 1M$. Not selling early is hard. Or the same people will squander their new sudden wealth with new adventures. it is interesting to observe this new wealth distribution mechanism at work. The more interesting opportunities are structural and thoughtful investment, not ICO lotteries.

[Hachoir]

That's all the Nxt people talk about after the failure of the project (some weird guy who nobody cares about), because facing reality is to hard.
The interesting thing here is that Nxt had a massive upswing, and the deflation was way too rapid. Never mind the code quality and general trust issues, but this can break a project. It would be interesting to consider a system which can be more adaptive to price movements. In non-algorithmic distributions this is possible, but for Cryptocurrencies it is close to impossible to estimate the future value.

On Nxt itself. Pure PoS is actually not a bad idea. The simplicity of the system is a major advantage. But Nxt was centralised in development and has a lot of garbage in the codebase (from the beginning). Crypto-assets the way their were done on-chain don't work. The Nxt assets were mostly or all fake (one would need trust guarantees of some kind to make this work).
 
I don't know of people who cashed out. I know various Eth holders who are millionaires, but contribution to the project are not necessarily correlated with financial success. Actually having developers/founders getting some early equity is not that bad a model, rather than investors only who buy the currency in the early stages.

The reality is that the project is not finished yet. It is not hard to see. The rest is bullshit.

[jeffthebaker]

Bitcointalk has never again seen real overnight millionaires as it has with Nxt. They were at the right place at the right time.

Frankly, a lot of money in hands that aren't used to savings is a dangerous affair.

How many of the Nxt millionaires still have money left?

I have seen several similar to situations. Its not necessarily known to the people at the time that will get rich, in part by randomness. Say you were a Nxt investor and put in 100$. Now you have 100'000$ and sell. Then the amount goes to 1M$. Not selling early is hard. Or the same people will squander their new sudden wealth with new adventures. it is interesting to observe this new wealth distribution mechanism at work. The more interesting opportunities are structural and thoughtful investment, not ICO lotteries.

Honestly, if people are going for investing in opportunities that are 'interesting', 'structural', and 'thoughtful', they wouldn't be investing in altcoins in the first place. The ONLY reason people invest in altcoins is for profit. If someone seriously believes in cryptocurrency appliances to the real world they would be investing in Bitcoin start ups. It's as simple as that.

[Come-from-Beyond]

If someone seriously believes in cryptocurrency appliances to the real world they would be investing in Bitcoin start ups.

Dude, these days only kids believe this bullshit. And bagholders who bought 1000$ bitcoins.

[jeffthebaker]

If someone seriously believes in cryptocurrency appliances to the real world they would be investing in Bitcoin start ups.

Dude, these days only kids believe this bullshit. And bagholders who bought 1000$ bitcoins.

Are you implying these new fads like Lisk and Waves have a bigger potential to impact the world than Bitcoin? There is a reason why countless big name companies are investing time and money into researching Bitcoin, and not these flavor-of-the-month shitcoins. If people are bullish on cryptocurrency and they want to make a meaningful investment they'll find it in the organizations that seek to use Bitcoin for concrete, real world purposes.

[Come-from-Beyond]

Are you implying these new fads like Lisk and Waves have a bigger potential to impact the world than Bitcoin? There is a reason why countless big name companies are investing time and money into researching Bitcoin, and not these flavor-of-the-month shitcoins. If people are bullish on cryptocurrency and they want to make a meaningful investment they'll find it in the organizations that seek to use Bitcoin for concrete, real world purposes.

Bitcoin is not scalable. It's good for few hundreds geeks, but not for world-wide adoption.

[Hersilia]

Bitcoin is not scalable. It's good for few hundreds geeks, but not for world-wide adoption.

How true!  There is, however, one crypto that is superior to the rest. 

[d5000]

Are you implying these new fads like Lisk and Waves have a bigger potential to impact the world than Bitcoin? There is a reason why countless big name companies are investing time and money into researching Bitcoin, and not these flavor-of-the-month shitcoins.

There are many roads that lead to Rome. A market with many competing cryptocurrencies is far more healthy than a Bitcoin monopoly.

What's important is that all these different approaches - from Bitcoin to Ethereum, Iota, Lisk etc. - contribute to improve cryptocurrencies in general, one can learn from another. "Fanboyship" for one single currency is mostly based on greed. Bitcoin is the leader, for now, but that can change, or not, who cares. And yes, Bitcoin has a scalability problem. Not only because of the blockchain size.

[enet]

Are you implying these new fads like Lisk and Waves have a bigger potential to impact the world than Bitcoin? There is a reason why countless big name companies are investing time and money into researching Bitcoin, and not these flavor-of-the-month shitcoins. If people are bullish on cryptocurrency and they want to make a meaningful investment they'll find it in the organizations that seek to use Bitcoin for concrete, real world purposes.

Bitcoin is not scalable. It's good for few hundreds geeks, but not for world-wide adoption.

Much agree. Albeit I think the reasons are very complex. Bitcoin first of all is cash-only system. It is not as capable as the things that one now might imagine to implement. The other big reason is how trust will be required to "scale", and compliance. Does scaling mean that companies use it and states accept taxes denominated in it? The Bitcoin debate about scaling is laughable (Sidechains, SegWit, Lightning and other failures).

[enet]

The reality is that the project is not finished yet. It is not hard to see. The rest is bullshit.

Of course Nxt it is finished. Some ideas in the PoS design were great, but the momentum is long lost. many flaws in the concept itself as well.

Any Nxt millionaires who invested in new PoS and ICO's? Eth and DAO shows recycling of wealth is important...